HomeMy WebLinkAboutORDINANCE 1979-2002Suggested by: Administration
City of Kenai
ORDINANCE N0. 19792002
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING
ESTIMATED REVENUES AND APPROPRIATIONS BY ~ 195,153 IN THE GENERAL FUND
FOR TRANSFER TO THE DEBT SERVICE FUND.
WHEREAS, the 1984/ 1986/ 1993 Special Assessment Debt Service Fund has a deficit
fund balance of ~ 195,153 due to non payment of special assessments; and,
WHEREAS, the General Fund is the only source of funds to cover this deficit; and,
WHEREAS, a large portion of the ~ 195,153 needed to cover this deficit is available due
to the sale of Inlet Woods lots.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA that estimated revenues and appropriations be increased as follows:
CTPnPral F~inrl
Increase Estimated Revenues:
Appropriation of Fund Balance
195;153
Increase Appropriations:
Transfers to other funds
195 1 3
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 18~ day of
December 2002.
HN J. IAMS, MAYOR
ATTEST:
Carol L, Freas, City Clerk
Approved by Finance:_
(11/ 19/2002) hl
Introduced: December 4, 2002
Adopted: December 18, 2.002
Effective: December 18, 2002